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Cable Update (GBPUSD)

  • #830,641
  • Jun 27, 2024 3:13am Jun 27, 2024 3:13am
Small lot on gold while waiting for GU.
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  • #830,642
  • Jun 27, 2024 3:15am Jun 27, 2024 3:15am
Pull up mf
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yes yes yes
  • #830,643
  • Jun 27, 2024 3:19am Jun 27, 2024 3:19am
...50% of the day's current main up-move lo-hi given back @ current p/back lo, off that hi.

1hr below
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Trader with an Edge.
  • #830,644
  • Jun 27, 2024 3:21am Jun 27, 2024 3:21am
Quoting Moty
Pull up mf {image}
so you removed your virtual stoploss
now price is gonna clobber your position.
in wondering about yourself, you forgot what you came here to be part of
  • #830,645
  • Jun 27, 2024 3:26am Jun 27, 2024 3:26am
Waiting bottom test , may not bear continue to 2592/80 but will look for them too. Take care
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,646
  • Jun 27, 2024 3:27am Jun 27, 2024 3:27am
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  • #830,647
  • Jun 27, 2024 3:30am Jun 27, 2024 3:30am
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Follow The Markets Structure - Patience and Discipline
  • #830,648
  • Jun 27, 2024 3:30am Jun 27, 2024 3:30am
Quoting Mitiblotch
{quote} All you need to see: 1. 4hr 200 MA standing in the way as price is testing from below 2. Trendline standing in the way as price is also testing from below. 3. As per trendline price can spike to anywhere between 2705-2728 from where I expect a furious drop. Action plan: Sell touches to the trendline/4hr 200 MA and keep a healthy SL for a 100-pip TP. {image}
Hey Miti
I have been using this MA200 ++ Trendline setup as an overall trend confirmation on my H4 && H1 frames.
Its really good !

I have dubbed it "the MITI Trend"
in wondering about yourself, you forgot what you came here to be part of
  • #830,649
  • Jun 27, 2024 3:53am Jun 27, 2024 3:53am
Quoting fxted
Small lot on gold while waiting for GU. {image}
Out.
  • #830,650
  • Jun 27, 2024 3:57am Jun 27, 2024 3:57am
...price hit the top of a prev minor 30min sw hi zone = prev res = pot rbs, and 61.8% of the asian/current dly lo - current dly hi move.
As 1st downside b/o of last wk's lo, and y/day's lo were false, so 1st upside b/o of today's Asain hi has proved false.

1hr below
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Trader with an Edge.
  • #830,651
  • Jun 27, 2024 4:02am Jun 27, 2024 4:02am
Quoting pipfarm
{image}
end of 4 is higher
People don't plan to lose. They lose because they don't plan.
  • #830,652
  • Jun 27, 2024 4:04am Jun 27, 2024 4:04am
Goldi is flying
But gu and eu is stuck
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yes yes yes
  • #830,653
  • Jun 27, 2024 4:08am Jun 27, 2024 4:08am
Quoting knkie
{quote} Hey Miti I have been using this MA200 ++ Trendline setup as an overall trend confirmation on my H4 && H1 frames. Its really good ! I have dubbed it "the MITI Trend"
Hahahah... that's too much of an honour given to me. Lol... thank you.
  • #830,654
  • Jun 27, 2024 4:29am Jun 27, 2024 4:29am
Quoting ScalaFX
{quote} end of 4 is higher
might be , this short is not looking too good at the moment
Follow The Markets Structure - Patience and Discipline
  • #830,655
  • Jun 27, 2024 4:35am Jun 27, 2024 4:35am
RSI divergence
break of H1 resistance and subsequent retest
Target 1.26621
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  • #830,656
  • Jun 27, 2024 4:38am Jun 27, 2024 4:38am
Quoting pipfarm
{quote} might be , this short is not looking too good at the moment

So long at that H1 high remains intact we are ok for the short.
Follow The Markets Structure - Patience and Discipline
  • #830,657
  • Jun 27, 2024 4:44am Jun 27, 2024 4:44am
Quoting Moty
Pull up mf {image}
Yes yes yes
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yes yes yes
  • #830,658
  • Edited 5:10am Jun 27, 2024 4:45am | Edited 5:10am
Quoting fontu
Waiting bottom test , may not bear continue to 2592/80 but will look for them too. Take care {image}
Without bottom formation to have strong grip to bull it crazily trying bounce , anyway breakout down likely it continue try up as such watching
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Not understand?better not follow my analyses!doubt clearer first, risks ++
  • #830,659
  • Jun 27, 2024 4:52am Jun 27, 2024 4:52am
Quoting ScalaFX
{quote} Bailey can shoot price up, 1,5h to go, then good News from USD can dump price down, thats my scenerio
Did the Bailey speech happen?
Insane in the Brain..
  • #830,660
  • Jun 27, 2024 4:56am Jun 27, 2024 4:56am
i am selling @ 1.2646

risking 25 for 25


my view
MY OPINION NOT FINANCIAL ADVISE
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